The Probability That a Parent Rewards a Child with a Dessert

question 16

Multiple Choice

The probability that a parent rewards a child with a dessert for eating a healthy meal is .07.Assuming independent outcomes,the probability that two parents reward their child's healthy eating equals ______.

• A) .07
• B) .14
• C) .05
• D) .005

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, typically expressed on an annual basis, serving as a key parameter in financial transactions.

Present Value

The present value of a future amount of money or series of cash flows, considering a particular return rate.

Interest Rate

The percentage of the principal charged by a lender for the use of its money or the rate at which interest is paid by a borrower for the use of money.

Consumes

The action of using up a good or service, typically resulting in a decrease in available quantity.